Michael Mauboussin – Active Asset Management - [Invest Like the Best, EP.02]
Invest Like the Best with Patrick O'Shaughnessy
Is More and More Passive Good or Bad for Active Managers?
Is more and more passive good or bad for active managers? Dovr nowan: It's hard to know what the answer is. He believes that indexing will turn out to be just another wall street fad. The people that remain in the active game tend to be the smarter guys, not the guis.
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